Squire Mining Ltd. recently announced the closing of a non-brokered private placement equity financing of Canadian $ 25,500,000 to fund the developing, manufacturing, and selling data mining infrastructure and system technology.

The Next Generation of 10nm ASIC Chips Is Coming

The dizzying growth of the blockchain and crypto asset industry continues to attract new investors. Squire Ltd. estimates that the cryptocurrency market could rise to USD 1 trillion in late 2018 and USD 10 trillion by 2030.

Thus, encouraged by this sentiment, on August 10, 2018, the Canadian investment company Squire Ltd. announced that it now engages in the crypto industry. Read more...

Developer Gabriel Cardona was personally recruited to fast track development of Bitcoin Cash (BCH). Open source, full featured development kit, Bitbox, his creation, has taken the community by storm, and it is now part of the Bitcoin.com developer universe. Money, Mr. Cardona likes to say, is critical to the human condition. And BCH and its blockchain are enabling financial sovereignty in a way which, he believes, is unique in history.Also read: Report: 15,000 Twitter Crypto Scam Giveaway BotsRead more...

Bitcoin will replace cash and card payments in the near future. This is a statement you’ve heard often. From its ease of use to the elimination of third-party payment processors, Bitcoin could be the ultimate payment method for the future. However, according to recent research, the reality on the ground is quite different. The research revealed that Bitcoin transactions in commerce have declined by a great margin from last year’s record highs. The decline has mirrored the plummeting prices of most cryptos this year. High transaction costs and volatility remain the biggest challenges, according to many merchants who have steered clear of accepting cryptos.Read more...

Hong Kong-based trading platform Bitcoin Mercantile Exchange (BitMEX) has revealed it traded over 1 million Bitcoin in the 24 hours through July 24.

‘Astronomical Surge’ In Volume

As Bitcoin prices continue to hover above $ 8000, major exchanges have handled daily volumes exceeding $ 5 billion this week. For a single venue, however, BitMEX claims it has broken an industry record.

“The astronomical surge in trading volume, coupled with the steadily rising price of bitcoin, is reflective of the market’s increasingly sophisticated understanding of the potential of bitcoin to redefine global markets,” CEO Arthur Hayes said in a press release.Read more...

Most of the top cryptocurrencies are still in the green after a relatively positive weekend. There are some clear exceptions in this regard, which is always to be expected. The IOTA price has dropped below $ 1 again due to some bearish pressure. Whether or not this will remain in place, is a different matter altogether. Read more...

Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. With steady increase in value over the years, this new invention of money has established its position in finance. The gold rush pushed by the price explosion reached its peak at the end of 2017. Halfway into this year, bitcoin has moved into a bear market. As the price plunged, followed by exchange hacks and speculators leaving the space, the rally quieted down. Now that the fever has cooled off, a narrative that runs quietly behind the scenes can begin to emerge. Read more...

The Bitcoin network is now regularly producing blocks over the 1MB block size limit that was in place prior to Segregated Witness (SegWit).

Bitcoin Blocks Now Exceed 1MB

Bitcoin 00 has been growing in popularity since it was created almost a decade ago. It is used by more and more people each day — and more transactions mean bigger blocks forming the block-chain.

The blocks produced by the Bitcoin network (approximately every 10 minutes) are now exceeding the 1MB limit that was in place before Segregated Witness was introduced in August of last year. “After the upgrade to SegWit in August 2017, although in a much slower fashion than many had hoped, the old 1MB blocksize limit is slowly starting to fade away,” BitMex Research wrote today. Read more...

Bitcoin was the first blockchain based cryptocurrency and is still the market leader based on market capitalization. However, even as the benchmark in the crypto ecosystem, it remains exceptionally volatile.

Crypto & Blockchain

Cryptocurrency and blockchain technologies continue to spread across the globe, yet somehow, the most well-known cryptocurrency has been plummeting all year long. Bitcoin (BTC) is currently the world’s most valuable cryptocurrency with a market cap of $ 114.4 billion. After it set its record value of nearly $ 20,000 per coin in December 2017, BTC has lost more than 70% of its value, currently trading at 00. Read more...